OAO NOVATEK · Tarko-Sale, Yamalo-Nenets Russia ·(Russian: RTS)
Company Description
Phone: +7-349-972-4951
Fax: +7-349-972-4479
Rankings
- #368 in FT Global 500
View OAO NOVATEK Locations On A US Map
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This link will open in a new window In the Russian natural gas market, NOVATEK is a major player. The company is the country's largest independent gas producer and second largest producer of natural gas (behind state-owned Gazprom ). Established in 1994, NOVATEK explores for and processes natural gas and liquid hydrocarbons, boasting 4.7 billion barrels of oil equivalent reserves. It sells natural gas directly throughout the country. NOVATEK focuses its production on the prolific Yamal-Nenets region, the world's largest natural gas area. Power generation plants, metallurgical plants, and wholesale gas suppliers are among the company's main customers. To read the full description, subscribe now.
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Key OAO NOVATEK Financials
| Company Type | Public - Russian: RTS Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $2,542.7 |
| Employees | 500 |
OAO NOVATEK Executives
17 executives listed for OAO NOVATEK's Tarko-Sale, Yamalo-Nenets location.
| Title | Name & Bio | Contact |
| Chairman | Alexander Natalenko | Network |
| Deputy Chairman and CFO | Mark Gyetvay | Network |
| First Deputy Chairman, Management Committee | Mikhail Popov | Network |
Competition
Competitive Landscape for OAO NOVATEK
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top OAO NOVATEK Competitors
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